Businesses whose views of the global energy landscape are opposed agree on the one thing; that the landscape is changing. One particular company projects three possible scenarios for 2030. There is expected to be a superabundance of gas, a peak demand for oil, and a green transformation.

There are emerging markets in the landscape that are overtaking traditional demand centers and technological advances that are changing the energy mix in the world. More than any other time in history, the refined fuels and petroleum industry must change how they do business to meet the pressing global needs. For example, there is a 100% rise in demand for ultra-low sulfur diesel owing to many emerging markets.

All markets present different requirements with the participants, including suppliers, producers, refined fuels traders, and other market operators.

Every few years, the industry experiences dramatic fluctuations that produce new structures and relationships for the supply of energy. Suppliers, for instance, have to find their buyers, who are looking for new customers. Facilitators have to find new assets for supply and demand, and everyone is continuously funding their facilities so that they can run smoothly.

Energy imbalances show up when energy is sold to or bought from private transfer systems. There has to be balancing arrangements to govern security and market competition. The major problem in the industry today is that the mechanisms for balance are inaccessible to some producer and supplier segments and are unnecessarily complicated.

BlocEnergy solutions

BlocEnergy is looking to offer strategic solutions to energy challenges by deploying a simple and transparent platform designed to deliver value to all consumers. The platform will empower the consumer to get the best supply solution. It provides a decentralized market facilitated by the blockchain.

BlocEnergy international has a business model offering conventional assets with global efficiencies, strengthened by digital currency, smart contract and blockchain technologies. The company claims that its hybrid model ‘offers a fantastic opportunity for all involved parties.’ Small groups and individuals get access to energy deals with high returns, and they get those returns directly through tokens.

The business model combines a global stable coin ‘STO’ with conventional petroleum assets to offer opportunities to produce high revenue. The tokenization model offers many participation, and investment levels combined with a marketplace that allows businesses to network, collaborate, sell, buy and fund their projects, asset orders and deals.

The business model

There are many businesses, markets and industries fighting and pulling for profit from energy. BlocEnergy’s eco-sphere is designed to serve all of them. Entities will concentrate on their efficiencies and performance, consequently saving billions every year while offering energy at low costs.

The business model begins with active energy suppliers for customers and clients in all the places where BlocEnergy is operational. The clients are registered into the platform after they meet specific guidelines. Operators, producers, consumers, and suppliers have to meet KYC criteria.

The platform relies on smart contracts to match requests and offers based on rules that every individual set that govern things like price, quantity and type. Asset and product flow is coded into the blockchain. The platform relies on intuitive algorithms to match suppliers and facilitators, products and storage facilities, logistics and shipping, and so forth, and they work in real time.

Finally, when assets are delivered, smart contracts trigger the buyer to pay the seller. The platform balances the need for the energy market and the participants. It continually adjusts demands and needs to supply in the market.

Token Offering

BlocEnergy International will allow partnerships with petroleum asset business ventures. When a business holds the BIEX stable coin tokens, it can grow its assets and the value of those tokens. The company also benefits from having a global unit of commerce that can be used to trade different global petroleum assets. As a business, you will be able to fund or participate in large deals through the facilities and the platform offered by BlocEnergy.

Token details

The idea behind the offering is to create an avenue for the market players to interact and work to making the global market more efficient. Players can procure more significant portions of the general business and increase their revenues. The platform is built on improving the flow of deals and lowering the costs.

The BIEX token was officially launched on the 4th of July. It was listed for open sale through the website and the automated token portal. Every round lasts for 30 days, offering five million tokens.

The pre-sale rounds are full and closed, but the company is starting six allotments for the open sale rounds.

Figure 1: Token Sale Rounds

As is the case with most tokenization arrangements, buying tokens early when the prices are lowest has significant profits.

Early round sales will offer extra benefits beginning with the low prices. Such prices allow the profit sharing or ‘ROC’ to return your principal quarterly, semi-annually, or annually after distributions are allotted. After allocation rounds and valuations are filled and closed, the prices can only go up.

Currently, the company is offering reduced price allotments for the early investor at a token price of $.10 per token.

A total of 700 000 000 tokens will be distributed. Tokens represent the future revenues of the platform and global units for trade. They will be used to share profits, pay dividends and as the company’s exit profits.

Money raised will be used for marketing, product design and further platform development.

Conclusion

BlocEnergy’s platform is an ambitious one. A self-pollinating platform will increase business engagement and interchange if there is a feedback loop. The platform will have to take security seriously. Many blockchain projects tend to zoom in on efficiency at the expense of safety. Changing how businesses trade petroleum assets globally will need a secure and automated system that gives the participant control over their deal flows and assets.